Exxaro first-half profit rises 2% on gains

2016-08-18 09:25

Exxaro Resources has reported a 2% gain in first-half profit due to of an increased contribution from the South African miner’s coal business.

Riaz Gardee: Exxaro’s BEE future – an uncertain one

2015-10-13 16:02

The commodity cycle rout has left none in its wake. Riaz Gardee looks at what the current climate means to BEE deals, in particular Exxaro.

Exxaro to buy stake in Total, community wants share

2015-06-09 18:34

Exxaro Resources’ deal to buy Total SA’s South African coal unit for $472m must include a community stake to be granted state approval.

Exxaro posts 6% drop in adjusted earnings

2015-03-05 09:07

Coal producer Exxaro says its adjusted full-year earnings have fallen 6% due to an impairment charge of R5.8bn related to an iron ore project in the Congo Republic.

Exxaro managing costs well - CEO

2014-08-21 18:12

Exxaro is on firm ground to make great strides in the mining industry because it manages costs diligently, says boss Sipho Nkosi.

Exxaro Resources earnings up

2014-08-21 09:22

Diversified resources group Exxaro has reported a rise in first-half earnings on as it lifted coal exports on the back of a weaker rand.

Motlanthe upbeat on mine rescue talks

2013-06-14 13:20

Deputy President Kgalema Motlanthe says the government, mining houses and trade unions will leave no stone unturned in their bid to resolve problem issues.

Africa urged to make better China deals

2013-04-12 22:00

For more than a decade Africa has rolled out the red carpet for Chinese investors, but the continent is urged to hammer out better deals at the bargaining table.

Striking Exxaro miners back at work

2013-03-25 14:39

All striking miners at five collieries and a char plant owned by Exxaro Resources have returned to work, with full production likely to resume soon.

Exxaro strike comes to an end

2013-03-24 10:22

The strike at several Exxaro operations has ended with workers agreeing to return to work next week, the mining company says.


Exxaro sells jetliner as it ramps up cost cuts

2016-04-18 19:40

Exxaro Resources has sold aircraft it owns including a Boeing 737 in an effort to cut costs as the mining company takes measures to survive a downturn in mineral prices.

Exxaro cuts capex as low prices hurt

2015-06-25 10:46

Diversified miner Exxaro says its capital expenditure for the first half of 2015 is now expected to be R3.1bn, down 11% in the face of depressed prices.

Exxaro starts R250m water plant at SA coal mine

2015-04-09 16:00

Exxaro Resources says it’s treating 10 million litres of water daily at its R250m treatment plant at the Matla mine.

Richards Bay coal terminal to stop issuing data

2014-10-23 14:30

Richards Bay Coal Terminal has decided to not release operational updates detailing shipments of coal, because it is competitive information, the company CEO says.

Exxaro set to make great strides - CEO

Exxaro boss Sipho Nkosi tells Fin24 the group is confident about Medupi's unit six coming on line in December as it announced an 11% rise in first-half earnings.

1 comments186 Views

Job cuts loom as Exxaro mulls closure

2013-08-08 18:42

Coal miner Exxaro Resources says it is considering shutting down its money-losing New Clydesdale Colliery, putting more than 400 jobs on the line.

Mining sector rescue talks commence

2013-06-14 11:15

Mining houses and trade union top officials have arrived for a meeting with Deputy President Kgalema Motlanthe in a bid to resolve problems facing the sector.

Exxaro to mine iron ore in Congo

2013-04-11 08:04

Exxaro Resources expects to start mining iron ore in the Republic of Congo this year, with an eye to producing up to 11 million tons a year, the miner says.

Rand on firmer ground

2013-03-25 09:03

The rand is on a slightly firmer footing against the dollar, buoyed by weekend news that a strike at mining firm Exxaro has been resolved.

Workers reject Exxaro pay offer

2013-03-19 11:12

Diversified miner Exxaro Resources says striking workers at five of its collieries have refused a one-off offer of R2 000 to get them to return to work.

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